Bharatmala aims to develop 35,000 km of highways at cost of Rs. 5,35,000 crore in Phase I

Posted by Daily Shipping Times on 02-02-2018        Tweet

NEW DELHI: In the Road sector, the recently approved Bharatmala Pariyojana aims to develop about 35,000 km of highways at a cost of Rs. 5,35,000 crore in Phase I. The National Highways Authority of India (NHAI) will consider organizing its road assets into Special Purpose Vehicles and use innovative monetizing structures like Toll, Operate and Transfer (TOT) and Infrastructure Investment Funds (InvITs) for raising funds.